Loan Options

Student loans are another source of financial support to help students pay for tuition, books, room, board and more. Federal and private loans are available, as well as resources to help students locate the best loan options for their individual circumstances.

Federal Direct Loans

After completing the FAFSA, providing all needed documents to the university, and receiving a notification of award from the Financial Aid Office:

Step 1. Complete Entrance Interview Counseling. (This will open in a new window. Please return to this page after completing entrance counseling.)

Private Loans

Friends University encourages students to take advantage of all sources of institutional, state and federal aid before considering private loans. Private loans do not require students to submit a FAFSA, are based on credit-worthiness, have variable interest rates, are repaid separately from federal loans, and may not be deferred until the student is no longer enrolled at least part-time.

Friends University does not endorse one lender or loan over another, we encourage students to do their research and select the loan that best fits their individual needs. Below is a link to a historical list of all private lenders who continue to offer alternative loans for education and have provided funds to Friends University students in the last 3 award years.